Life insurance can be a surprisingly valuable hidden asset for clients who are retired.
Personal Financial Planning
A tax adviser can help a client smooth out the high-income-tax peaks and the corresponding lower-tax-bracket years with an effective bracket-management strategy.
These plans can allow a large amount to be contributed on behalf of the owner while maintaining flexibility in making contributions in future years.
Disciplined planning for realizing gains lessens the potential for unanticipated taxes or ugly year-end surprises.
Due to “extremely low” demand and high costs, the Treasury Department announced that it is ending the myRA retirement savings program.
A range of economic, political, personal, and other uncertainties can lead to clients having deep-seated fears about doing any one thing.
Most fiduciaries breach a fiduciary duty simply because they ignore or neglect to follow the stated legal requirements for uncompensated risk management.
A stock protection fund may be helpful to some investors.
Members of the public also recognize a CPA’s role as a trusted adviser for all their financial needs.
Tax-loss harvesting offers the potential for significantly increased after-tax returns.
Many clients making modifications to make homes more accessible may qualify for valuable home improvement medical expense deductions.
This item focuses on the pitfalls and potential opportunities to consider in the illiquid marital estate arena.
When a qualified retirement plan account holds employer stock, a retirement plan participant could save thousands of dollars with proper planning.
Careful and thoughtful advanced planning can result in substantial tax savings.
Deciding whether it makes sense to trigger the resulting tax liability depends on several factors.
When parents divorce without a meeting of the minds or a well-crafted agreement, issues can result as to who is entitled to the tax benefits from supporting their children.
Here is a way to turn a lemon into lemonade (with a little help from the stock market).
This column offers some of the most common techniques to help save for college.
This column addresses issues facing IRA trustees.
Without a tax professional’s input, much of the benefit of tax-aware best practices is unlikely to be achieved.